22-Year Hydraulic & Fabrication Company, Top Name in the Industry

Reno, NV (Washoe County)

Seller Financing Available
22-Year Hydraulic & Fabrication Company, Top Name in the Industry
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Asking Price: Get Financing: $1,100,000

Cash Flow: $305,007

Gross Revenue: $1,246,107

EBITDA: N/A

FF&E: $1,000,000

Inventory: $120,000

Real Estate: N/A

Established: 1996

22-Year Hydraulic & Fabrication Company, Top Name in the Industry

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Business Description

This is a rare opportunity to acquire a profitable business that provides a variety of hydraulics and fabrication services, and has maintained solid, long-term relationships with commercial, industrial, and mining industries. The company has an outstanding reputation for professionalism and quality, offering personalized support that has always gone above and beyond expectations. Owner-operated for over twenty years, pride of ownership shows in every aspect of the business. The company provides dependable and quality fabrication and repair at competitive prices. They are better equipped, more experienced, and offer more inventory than any of their competition. Income is consistent with high-ticket repairs and excellent margins. Buyer will take over existing backlogged orders. There's plenty of room for expansion in the factory. Hiring a sales person would grow the business, if desired (Seller is retiring and makes a great living running the business as-is). Some mining work is shipped in, but there's a huge opportunity to establish services on-site at the mines and dramatically expand the business.
A great benefit of owning this business is its solid relationships with clients who regularly turn to this company for all their hydraulics and fabrication needs. With very little competition in the area, it's the go-to company for services including design or repair, general machine work, tig & mig welding, hose coupling & fittings, hardfacing & grinding, and more. Clients are diverse, so there is no threat to the business if a particular client is lost. Company has long-term, skilled employees, including two key managers that are willing to stay. Additionally, the Owner will train up to eight weeks, if necessary, to ensure a smooth transition. This business is turnkey and includes over $1M of Equipment and Inventory. Sale is possible with or without purchase of the Real Property. A motivated Buyer could easily capitalize on growth opportunities and expand the company rapidly, or simply step in and immediately enjoy continued growth and profitability running the company as-is.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
18,000
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
An 18,000 sf building on an acre of land. Plenty of space to grow the company. The owner is willing to sell or lease property to the Buyer.
Competition:
No other hydraulics industry in Northern Nevada offers the same quality of services. A solid, 20+ year reputation in the industry, with more equipment, skilled staff, and inventory than the competition, makes this company a true leader in the region.
Growth & Expansion:
Rapid growth could be achieved by advertising--hiring sales people, using computer technology for marketing, and reaching out to the many new companies moving to Northern Nevada. Creating a facility on-site to the mining industry would also expand the business rapidly. Northern Nevada's economy is undergoing unprecedented growth and the equipment and services provided by this company is in high demand.
Financing:
$350,000 down. All cash or terms acceptable to Seller.
Support & Training:
Eight weeks, negotiable thereafter. Seller is committed to Buyer's success.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Bradley Bottoset

Business Listed By:
The Liberty Group of Nevada

The Liberty Group of Nevada

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